Money & The Economy
News on Finance, Money, markets and the economy
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Majority Of Americans Think US Economy Is In Recession, Poll Shows
A majority of Americans believe that the U.S. is currently in a recession, blaming the Biden administration for harsh economic…
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New York Winning Big From Biden’s Domestic Agenda Despite Poor Business Climate
Dozens of corporations have established new operations in New York state with the help of generous subsidies from the state…
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Black Businesses Are Getting Crushed Under The Biden-Harris Economic Agenda
Vice President Kamala Harris’s multistate economic tour stopped in Michigan this month to tout the administration’s record for black Americans.…
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Bidenomics Has Lowered Americans’ Standard of Living
President Biden’s economic policies are hurting the average American, which is why his approval rating is so low. Bidenonomics is…
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Biden Says Inflation Is Moving In The Right Direction. The Numbers Paint A Different Picture
President Joe Biden has repeatedly touted that the pace of inflation is slowly trending in the right direction, but recent…
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Inflation Stays Uncomfortably High As Rising Prices Continue To Squeeze Americans
Inflation ticked down slightly year-over-year in April but still remained high as rising prices continue to take a toll on…
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More Americans Maxing Out Credit Cards And Failing To Make Payments Than During Pandemic
The share of Americans who failed to make a payment on their credit card debt rose above levels seen during…
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Fed Bank Quashes Biden’s Claim That Corporate Greed Is To Blame For Inflation
New research released Monday from the Federal Reserve Bank of San Francisco shows that Biden is incorrect when he claims…
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Government is creating a capital shortage that will worsen stagflation
Through Monetary and Fiscal Policies, the federal government is creating a capital shortage. If stagflation does arrive by late summer,…
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Biden Treasury Could End Up Vaporizing Billions Of Dollars With Activist-Driven Rule
In May of last year, I wrote about how U.S. Treasury Department’s then-proposed rules for the hydrogen production tax credit (Internal…
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Latest Data Shows Stagflation Is Coming
The latest available data indicates that economic growth is slowing and that prices continue to rise. The annual inflation rate,…
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US Job Growth Projected To Stall In Coming Year In Another Sign Of Stagflation
Job growth may stall in the second half of 2024 as low growth and high inflation continue to elevate fears…
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Restore The Shield That Once Protected Home Sellers From Eye-Watering Taxes
Inflation isn’t the only thing that has soared in recent years. Home prices, as measured by the Case-Shiller Home Price…
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Fed Chair Disputes View That Economy Is Stalling
Jerome Powell, chair of the Federal Reserve, told reporters Wednesday during a press conference that he does not believe that…
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Latest Productivity Data Spells More Trouble For Future Of American Economy
U.S. productivity growth slowed in the first quarter of 2024, casting doubt on the American economy’s future growth, according to…
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